Instructions For CCC-681

AUTHORIZATION TO MOVE LOAN COLLATERAL FOR ROTATION OR TRANSFER

Producers use this form to move outstanding loan collateral for rotation or to transfer from a farm-stored loan to a warehouse-stored loan or from a warehouse-stored loan to a farm-stored loan.

 

Submit the original of the completed form in hard copy or facsimile to the appropriate USDA servicing office.

 

Customers who have established electronic access credentials with USDA may electronically transmit this form to the USDA servicing office, provided that (1) the customer submitting the form is the only person required to sign the transaction, or (2) the customer has an approved Power of Attorney (Form FSA-211) on file with USDA to sign for other customers for the program and type of transaction represented by this form.

 

Features for transmitting the form electronically are available to those customers with access credentials only.  If you would like to establish online access credentials with USDA, follow the instructions provided at the USDA eForms web site.

Applicants must complete Items 2 through 5 and Part A Items 6 through 8.

 All must complete Item 11.

Item 1 is for FSA use only.

Fld Name /
Item No.

Instruction

2A

Farm No.

Enter the farm number where this loan commodity was produced.

 

2B

Name and

Address of

Contact

Producer            

Enter the contact producer’s name and address including Zip code.

 

 

 

 

3

St. & Co. Codes and Loan No.

Enter the State and county code of the FSA office where your records are maintained.  Leave blank if these codes are not known, and enter your loan number only.

4

Year

Enter the crop year of the commodity under loan.

 

5A

Commodity

Enter the type of commodity (i.e., corn, soybeans, wheat, etc.).

5B

Class (Wheat  Only)

Enter the class, for wheat only.

 

For all other commodities, leave blank.

 

 

Fld Name /
Item No.

Instruction

6

To

Enter name and address including Zip code of buyer or warehouse for rotated collateral.

7

Seal and or Receipt

Number(s)

Enter loan seal(s) or receipt number(s).

8

Quantity for Transfer to Storage

Bushels or cwt the producer plans to move to the storage location in Item 6.

9 and 10

 

Read instructions for required actions to move commodity.  No entries are required.

11A – 11C

Title/Relationship of the individual signing in Repre-sentative Capacity

Please read the producer’s statement and sign and date where indicated.

 

Please contact the County FSA Office before signing and dating this document if you have any questions or concerns.

 

Enter the title/Relationship (of the individual signing in the Representative Capacity).

 

If you are mailing or faxing this form, print the form and manually enter your signature. If this form is approved for electronic transmission and you have established credentials with USDA to submit forms electronically, use the buttons provided on the form for transmitting the form to the USDA servicing office.

Items 12A - 14 are for FSA use only.